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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment, Market

Chinese fund seeking to invest in UK, US projects

Posted on 29 November 2011

China’s sovereign wealth fund wants to invest in improving infrastructure in Europe and the United States to spur global growth, the fund’s chairman wrote in the Financial Times. “Now, infrastructure in Europe and the US badly needs more investment,” China Investment Corporation’s Lou Jiwei wrote.
“Traditionally, Chinese involvement in overseas infrastructure projects has been as a contractor only. Now, Chinese investors also see a need to invest in, develop and operate projects.”……………………………………….Full Article: Source


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